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Contract Model Risk Governance Jobs in Georgia (NOW HIRING)

... model risk governance and oversight for various model types. 7. Train/coach/mentor junior team members to enhance model audit work. Provide training on more complex and difficult areas.

... model risk governance and oversight for various model types. 7. Train/coach/mentor junior team members to enhance model audit work. Provide training on more complex and difficult areas.

This individual will also perform testing in model governance audits and be involved in other ... Considerable experience taking a risk-based, solutions-oriented approach to audit execution and ...

Quant Audit Manager

Atlanta, GA

$100K - $131K/yr

... guidance on model risk governance and oversight for various model types. 7. Provide leadership and train/coach/mentor junior team members to enhance achievement of goals and objectives.

Provides technical support and recommendations to commercial organizations for modeling and ... Drive continuous improvement of processes, including contract, risk reporting, and environmental ...

Provides technical support and recommendations to commercial organizations for modeling and ... Drive continuous improvement of processes, including contract, risk reporting, and environmental ...

Provides technical support and recommendations to commercial organizations for modeling and ... Drive continuous improvement of processes, including contract, risk reporting, and environmental ...

Familiarity with AI governance, automated decisioning oversight, model risk concepts, and emerging AI regulatory frameworks such as the EU AI Act or NIST AI RMF * Ability to communicate effectively ...

Governance, Compliance and Quality Assurance * Own and maintain the Risk Governance Framework ... Strong understanding of credit underwriting principles, data science model application, risk ...

... risk and serve our customers. This team is central to our vision of the future and the core of our ... Strong knowledge of data governance, ethical AI principles, and regulatory requirements impacting ...

Develop customer lifetime value (CLV) and portfolio economics models to inform acquisition ... Collaborate crossfunctionally with Product, Engineering, Risk Governance, Legal, Compliance, and ...

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Contract Model Risk Governance information

What are some common challenges faced by professionals in Contract Model Risk Governance roles, and how can they be addressed?

Professionals in Contract Model Risk Governance often encounter challenges such as keeping up with evolving regulatory requirements, ensuring thorough model documentation, and effectively communicating risk findings to both technical and non-technical stakeholders. Balancing the need for detailed model validation with tight project timelines can also be demanding. To address these challenges, it's important to foster strong cross-functional collaboration, stay updated on industry best practices, and develop clear communication strategies for reporting risk and compliance issues.

What is the difference between Contract Model Risk Governance vs Contract Model Validation?

AspectContract Model Risk GovernanceContract Model Validation
Primary FocusOverseeing and managing risks associated with contract models, ensuring compliance and risk mitigationAssessing and testing contract models to ensure accuracy and reliability
ResponsibilitiesEstablishing policies, monitoring risk exposure, and implementing controlsPerforming independent reviews, testing model assumptions, and validating outputs
Work EnvironmentRisk management teams, compliance departments, regulatory interactionsQuantitative teams, model validation units, audit functions

While Contract Model Risk Governance focuses on managing and overseeing risks related to contract models, Contract Model Validation involves the technical assessment and testing of those models to ensure their accuracy and reliability. Both roles are essential in a comprehensive risk management framework within financial institutions and industries relying on contract models.

What are the key skills and qualifications needed to thrive in Contract Model Risk Governance, and why are they important?

To excel in Contract Model Risk Governance, you need a strong background in risk management, quantitative analysis, and familiarity with regulatory requirements, often supported by a degree in finance, mathematics, or a related field. Proficiency with risk management software, model validation tools, and knowledge of frameworks such as SR 11-7 is typically required. Attention to detail, critical thinking, and effective communication are crucial soft skills for evaluating model risk and collaborating with stakeholders. These skills ensure robust oversight of model risk, regulatory compliance, and support sound decision-making within financial institutions.

What is Contract Model Risk Governance?

Contract Model Risk Governance refers to the framework and processes used by organizations to identify, assess, monitor, and mitigate risks associated with the use of models in contracts or contractual obligations. This role ensures that the use of quantitative models in financial and business contracts complies with regulatory standards and internal policies, reducing the likelihood of errors, misinterpretations, or financial losses. Professionals in this field often oversee model validation, implementation, and documentation, and work closely with compliance, risk, and legal teams. Effective governance helps maintain model integrity and supports sound decision-making across the organization.
What are the most commonly searched types of Model Risk Governance jobs in Georgia? The most popular types of Model Risk Governance jobs in Georgia are:
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What cities in Georgia are hiring for Contract Model Risk Governance jobs? Cities in Georgia with the most Contract Model Risk Governance job openings:

Sr. Manager, AI Risk & Governance

The Mutual Group

Atlanta, GA โ€ข Hybrid

$140K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Job description

Department:

Information Technology

Job Description:

As the Sr. Manager, AI Risk Governance you will be the primary operator of the AI Systems Governance Program, responsible for executing the AI Review Framework and ensuring consistent governance of AI Systems across The Mutual Group and its member insurance carriers.

This is a hands-on individual contributor role focused on AI governance and vendor AI risk, with limited support to Cyber, Privacy, and IT Controls as needed. The role ensures AI governance activities are executed as a continuous control function.

Work Arrangement:

  • Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional inoffice days.

Accountabilities:

AI Governance Execution (Core)

  • Own execution of the AI Review Framework

  • Ensure governance processes are consistent, efficient, and audit-ready

  • Execute AI governance activities through the AIS / Security Governance Team

Risk Assessment & Review

  • Perform AI risk classification (low, mid, high)

  • Assess:

    • Business impact

    • Customer and regulatory risk

    • Data sensitivity

  • Prepare governance recommendations for CIO, CLO, and AIS Committee

Vendor AI Governance (Primary Secondary Focus)

  • Own vendor AI governance execution, including:

    • AI usage detection across vendor portfolio

    • FactSheet collection and review

  • Ensure vendor AI is properly routed through the AIS Program review process

  • Partner with Vendor Management on third-party risk alignment

Monitoring & Governance Support

  • Coordinate twice-annual AI system validations

  • Track:

    • Model updates

    • Control gaps and remediation

  • Ensure FactSheet updates trigger re-reviews

Multi-Member Coordination

  • Work with member carriers to:

    • Guide teams through AI governance requirements

    • Ensure consistent application of policies and standards

  • Support adoption of shared AI governance practices

Reporting & Documentation

  • Maintain:

    • AI inventory

    • Governance documentation and decision logs

  • Prepare materials for:

    • AIS Committee

    • Leadership reporting

Cross-Functional Coordination

  • Partner with:

    • AI / Data Science teams

    • Legal and Compliance

    • Vendor Management

  • Coordinate with Cyber / Privacy teams as needed, not as primary owner

Qualifications:

  • 7+ years in technology risk, governance, or compliance

  • Experience with AI governance, model risk, or vendor risk

  • Familiarity with NAIC, NYDFS, CCPA, NIST CSF, SOC 2

  • Experience with GRC tools (Archer, ServiceNow, OneTrust)

  • Strong execution and stakeholder coordination skills

Pay Range:

Anticipated Hiring Range:

  • $140,000 - $170,000 annual base salary depending on experience, qualifications, and geographic location

Benefits:

We are proud to offer our full-time regular employees a robust benefits suite that includes:

  • Competitive base salary plus incentive plans for eligible team members

  • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary

  • Free basic life and AD&D, long-term disability and short-term disability insurance

  • Medical, dental and vision plans to meet your unique healthcare needs

  • Wellness incentives

  • Generous time off program that includes personal, holiday and volunteer paid time off

  • Flexible work schedules and hybrid/remote options for eligible positions

  • Educational assistance

Equal Opportunity Employer

The Mutual Groupis an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

  • Know Your Rights: Workplace Discrimination is Illegal

  • Your Rights Under USERRA

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contactTalent@themutualgroup.com.

Employment Verification

The Mutual Group participates in theE-Verifyprogram and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected fromemployment discriminationbased on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

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